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Chevron, Ariba to launch b-to-b energy portal

Published on January 20, 2000.

San Francisco--Chevron Corp., the second-largest U.S. oil company, and Mountain View, Calif.-based software maker Ariba will jointly create and launch a business-to-business portal for energy-related products and services. The portal, due to launch in the second quarter, will be named Petrocosm Marketplace (www.petrocosm.com). In a statement, Chevron said it was committing an undisclosed but "substantial portion of its annual $10 billion in spending through Petrocosm."